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mentioning oracle and the technology sector overall. it's a bit of a surprise to see tech dragging things, especially those earnings numbers coming out of oracle. what'd you make of it? >> we've been spoiled with earnings, they've been very good, and now we're starting to get some mixed reviews and a couple of misses on some very big stocks, so that's giving people a reason to maybe take a little money off the table. cheryl: okay. kind of a correction that makes sense finally. let's go to the cme and ira epstein. i was just looking, obviously, at the euro versus the dollar, what else are you watching? >> well, i'm watching the gold, and i'm watching the silver because they're both trying to, if anything, create a bigger trading range, in other words, break out to the upside of their trading ranges. silver yesterday tried the downside, failed miserably, reversed today almost a full dollar higher. so those markets are starting to pick up on the cyprus issue, and that's what they're looking at at this point. the stock market, also, if it's tiring here -- which i think it is as well, i think
? >> we spend about $100 million on new technologies. we have actually increased the number of engineers from 900 to 1500 this year. we are investing a lot for the future. connell: jacques escu@ future. connell: jacques esculier, thank you for joining us. you mentioned at the top, the stock wabco doing well. the closing bell will ring at the top of the next hour. so here we are, 47 minutes away. will cyprus be like this on monday? will things calm down? it is a crucial weekend for everybody over there. we are going to go over there. get the latest in a live report. keep it here. ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. [ female announcer ] from findg the best way... ♪ to finding the best catch... ♪ wireless is limitless. otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away
technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every daof the week. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone but her... no. no! no. ...likes 50% more cash. but i don't give up easy... do you want 50% more cash? yes! yes?! ♪ [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ what's in your wallet? why? and we've hit the why ase... tracy: the market is not happy today. charles payne is here to show you how to make some money. what is going on with this market? charles: you remember -- market down. to be quite frank with you, environmentally it is a legit concern. you know, i will go check it out. i am definitely putting it somewhere else. immersion is an interesting company. they make a technology that is called hap
the cyclicals, you've dope this for a long time, industrials, technology. that kind of your 2013 strategy? >> yeah, i would say that one of the surprises at least for me has been how well the defensive names have done in the uptake we've seen since the first of the year, and the cyclicals have lagged somewhat. i would be doing some rotating, believing the u.s. and global economy are going to be okay, i think some industrial and technology names make some sense. cheryl: all right. what are you avoiding right now? >> utilities still make me nestles. i think the fundamentals are mixed, and the stocks are fairly expensive. it was the place so many people went chasing yield and pushed the price of those stocks up quite a bit. so there's some telecommunications names that are okay, but most of the plain vanilla electric utilities, i think, are fully valued. cheryl: you've got some specific stock picks, and you like a few names, medtronic, that's interesting, mdt, pfizer, v.a.ler rah, northrup grumman. defense, interesting. but pfizer, health care. >> yeah. i think health care among the defensiv
start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. connell: making money with charles payne at this hour of the day. dagen: looking at computer storage data management company, net app. what do you think? >> you know, the technology stocks have been somewhat watching this whole thing, so i'm trying to find some of the tech names that look like they've got good risk-reward ratios. i like this a lot. string of earnings beats, they do good there. fiscal year 13-14, the streaks setting up their consensus a little bit, barclay's positive on it, and this morning i heard positive from pacific crest. the cloud, virtualization, enterprise, all of that stuff, a name around a long time. technically a major breakout, $36.60. i like it short term and long term. i think technology might get traction here, esp
to china in possession of potentially highly classified military secrets and space technology. nasa contractor was apprehended at dulles airport carrying several data storage devices including hard drives, flash strives to and computers that investigators say contained highly sensitive information. under investigation tonight for a substantive violation of the arms export control act. congressman frank wolf of virginia chairs the house appropriations subcommittee that is responsible for the funding of nasa. congressman will holding a press conference today to inform the public of the security breach. >> i'm particularly concerned that this information may pertain to the source code for high-technology imaging technology that he had been working on with nasa. this information could have significant applications for the chinese people's liberation army lou: congressman wolf also noted that he is affiliated with the chinese institution that has already been designated a entity of concern by u.s. government agencies and that he has a history of taking potentially damaging information an
on the innovations and information technology in a lot of industries you would expect financial services to be somewhat bigger. so i don't really know the answer to that question. my predecessor paul volcker explained the only contribution financial industry is the automatic teller machine. i don't know the answer. a much bigger sector can be defined by the wider range of services globalized financial economic system that we have put the exact number i cannot really say. >> i have a follow-up question. do you think it was appropriate or fair to impose the bank deposits in cyprus, even those insured by the european union? thank you. >> have not been involved in those conversations i don't necessarily know the details. they are grappling with a very difficult problem. i think the issue they face is that there is a pretty big hole, financial hole, in a sense there is a fiscal issue and there is a bank restructuring capitalization issue. they are looking for resources where they can find them. i think everybody understands there are certain risks with that besides the equity issue of lower i
single country or actor. there are several very focused, very well-funded and they're used the technology and their wherewithal to steal things, break into you get your passwords, corporate espionage. cheryl: do you get a sense the u.s. government is the group best to fight cyber security, or is it companies like yours? private companies but maybe this is a better way. speaker to be a combination of public and private. i don't think any country can do it alone and no single company can do it alone. cheryl: do you have a sense of what companies are most at risk? you're covering businesses, consumers as well, but you have a sense of which are the biggest targets right now for cyber attacks? >> it depends on who is attacking. if you're just after money, banks, obviously. if you're looking to disrupt things coming across to the energy sector. cheryl: the telecom association has blocked an effort to issue cyber security recommendations going back t the government section of this and how they can play into fighting cyber security. does that kind of tell you that we are further away than we want
on the fox business network. coming up, lk at the biggest ideas in tech. the big headlines in technology including a new address app that could be a must-have for you. we'll tell you what that is, and blackberry's ceo says apple's iphone is out of date? this is the new blackberry hitting store shelfs today in the united states. will the writers be wrong? we'll debate it. plus, we'll hear from you as well. stay tuned. [ male announcer ] how can power conmption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. got you ! you cannot escape the rel forces ! ahhh. got you ! got ya ! gotcha ! got ya. that's all you got, brother ? take that. never having to surrender the things that ma
new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications soluons, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. very logical thinker. (laughs) i'm telling you right now, the girl back at home would absolutely notave taken a zip line in the jungle. (screams) i'm reallylad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. liz: it is a crisis, not just dangerous feeling direct over the last deals, people all over the tiny nation are wondering about what happens next. and frankly, you are there, could it happen here? >> good evening, liz. he says he understands the deal the bailout are painful but this is the best under the circumstances. they will be able to go to bank the first time in more than a week except for the two that are part of this resolution as pa
-old technology. what is new is what i would call smart drilling. governor brown noses. it is a way to get a lot of money. charles: it is about money. governor cuomo has kicked the can down the road. this is absolutely nuts. liz: we are talking about the monetary shelf formation. it is two thirds of the countries, you know, natural gas and oil deposits. are those numbers right? >> it is the central valley of california. liz: it is 15 billion barrels of oil. >> 15 billion barrels is a number we can do with today's technology at a price that people will pay. this is a way to export a product, make money and create jobs that are six figure jobs. charles: we are still talking about governor brown. people are fleeing the state. occasionally, he may say the right things. why are you so convinced that he will actually follow up on this action? >> i do not know the governor. i have not met him. it can go in both directions. i think he wants a legacy from having saved the state of california. i think he knows that technology makes it safer and possible today. i think he does it for the money and because
, consumer, telecom, and there has been weakness in technology today. we're seeing weakness in homebuilders even though we got the home sales data at this was fairly positive. here to wrap up the here, adam shapiro and sandra smith sandra: we're in for david and liz this afternoon. nicole petallides she has got it all. she is down on the floor of the new york stock exchange. nicole, a down day for the markets but there are some names bucking the downward trend. yahoo! is one of those. >> absolutely are. over my shoulder, you see the congressional medal of honor winners. a great day on wall street as well. oppenheimer raised their target to 27 bucks to 22. ali baba which have ipo and yahoo! owns a 24% stake. adam: nicole. saw a pullback for boeing. they are conducting the test flights for the 787. they weathered storm so far. will they continue? >> they will do test flights with the new revamped battery. they have done well so far. they managed to stay in the green up 12% despite all the issues. we'll see how test flights go. sandra: we're waiting on earnings from nike. this is a big consume
trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine everday of the week. >> it is monday, march 25th, cyprus gets its bailout. but the country's in financial chaos and faces an economic depression. in short, here is what's happened. angela merkel wins, the germans win and the russian mob loses and cyprus's days as a tax haven are over. let's bring in scott shellady, he's in chicago. i think that wall street loves this, right? >> i don't know if they love it, but a lot better than they thought might happen over the weekend. stuart: can we say that wall street is going to breathe a bit of a sigh of relief, can you say that? >> i would and now what i did today, stuart? i brought in my own prop. i'm going over to russia or cyprus and get some money out of the cypriot banks while the getting is good. i'm on the side of the russian mob this morning. >> and you look like a guy from
. and when you look at -- we keep doing this, we keep taking technologies, and bringing home areas of our daily life before the second has been tested. as americans we hold the right to vote sacred, we should, what happens here, a vindor not even tate commission -- a vendor, not even a state commission finds out someone is trying to break in to cast ballots on behalf of voters who are not voting, a ven vendor finds it. neil: you know, i wonder, it ts to be like where wrong guy gets in or this this case with high-tech s of this,here is no way to check, you know what i mean. >> that is right, this is a real warning, in this case they were lucky they found out this one example. >> i did not know that it was a vendor not some high ranking state official. just some guy, hey, i think we got a problem. >> think about it, we send elect monitors throughout the world to figure out if other countries, have voting systems that are equitable and are handled would fraud. in our own country we turn things over this computers where we do not know who is on the system. that has to end. we cannot allow th
. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsiv dedicated support, we help you shine every day of the week. ♪ [ male announcer ] it s designed to escape the ordinary. it feels like it can escape gravity. ♪ the 2013 c-class coupe. ♪ starting at $37,800. ♪ starting at $37,800. at od, whatever business you're in, that's the business we're in with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. gerri: can american business leader succeed in change the world in places our political leaders can't? that is question that many are asking for former new mexico governor bill richardson visited north korea, is this the new american diplomacy, bill rrchardson is joining me now. thank you for joining me. let's talk about your trip, do you think this is a harbing
, impact wool exports from new zealand, textile prodtion in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the cnections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully befe investing. with investment information, risks, fees and expenses a brand new start. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile.e. and with responsive, dedicated support, we help you shine every day of the week. ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold styling, unsurpassed luxury and nearly 1,000 improvements. the redesigned 2013 glk. see ur authorid mercedes-benz dealer for exceptional
on the fox business network. coming up, look at the biggest ideas in tech. the big headlines in technology including a new address app that could be a must-have for you. we'll tell you what that is, and blackberry's ceo says apple's hone is out of date? this is the new blackberry hitting store shelfs today in the united states. will the writers be wrong? we'll debate it. plus, we'll hear from you as well. stay tuned. ♪ shibani: blackberry larching its first touch screen device today in the united states, the z10. will the release of this device be the turning point for the companyythat is in a lot of need of a turn around. is it too little too late? joining me is a senior research analyst, and, ramone, great to have you on today for the lauh day for blackberry, and the "wall street journal" called this a flop already. the reason is that they didn't see much promotion at at&t stores selling the device, it was in the back of the store, and what do you think of that? >> i think promotion is very key element to getting a new platform out there, and right now, it's just the beginning. granted
is growing. all we can do to sustain agriculture is to grow indoors, and that's where hydroponic technology comes into play. sandra: what demand jump have you seen based oven legalization of the drug in colds and washington. have you seen the uptick in demand or sales in your company because of that? >> yeah, most of the interest has come from the medical legal states like california, colorado, washington, michigan, approaching half the country at this point in terms of legalization. the dominoes are tipping over. it's app uptick for us to participate, but, more importantly, from a capital raising stand point, it seemed to open barriers for us to bring in capital to fund the company's expansion going forward. that's the biggest catalyst over the past several months. sandra: how does someone make money on this? it's not a stock or commodity or bond, but how would one, if they hear you right now and looking at this growing industry, how can they get involved in investing in it? >> well, most people don't want to take an active investment and start a dispensary and become a cultivator. there's
commissioner coming up. dagen: bring it. the new money maker in technology is mobile payments. speaking of winners, take a look at some today on the s&p 500. ♪ but we can still help you see your big picture. with the fidely guided portfolio summary, you choose which accounts to track and use fidelity's analytics to spot trends, gain insights, and figure out what you want to do next. all in one place. i'm meredith stoddard and i helped create the fidelity guided portfolio summary. it's one more innovative reason serious investors are choosing fidelity. now get 0 free trades when you open an account. . .. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. you are gonna need a wingman. and my cash back keeps the party going. but my airline miles take it worldwide. [ male announcer ] it shouldn't be this hard. with creditcards.com, it's easy to search hundreds of cards and apply online. creditcards.com. connell: we're back on markets now. a lot of people talking about basketball today. a storied conference in the his
. your chance to rise and shine. with centurylink as your trusted technology partner, you can do just that. with our visionary cloud infrastructure, global broadband network and custom communications solutions, your business is more reliable - secure - agile. and with responsive, dedicated support, we help you shine every day of the week. given way to sleeping. tossing and turning have where sleepless nights yield to restful sleep, and lunesta eszopiclone can help you get there, like it has for so many people before. do not take lunesta if you are allergic to anything in it. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving or engaging in other activities while asleep witut remembering it the next day have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations or confusion. in depressed patients, worsening of depression, including risk of suicide, may occur. alcohol may increase these risks. allergic reactions such as tongue or throat swellg occu
technologies all closed at all-time highs. congratulationses if you own those stocks. >>> all right. our top story tonight how the government in cyprus is make being the situation there even worse, contributing to the chaos and virtually guaranteeing a bank run. the government says that cypriot banks won't open until next tuesday! meantime, atm withdrawals are being limited to 500 bucks with no bailout in sight, is there any solution to keep calm and carry on? that is the first question for today's money power panel. we have a former consultant to the imf and the u.s. treasury department. julia is a chief economist at pnb paribas and former economist for the u.s. federal reserve board. and the always wonderful steve moore. you recognize him from "the wall street journal." that is him on the right there. john, let me start with you. >> yes. melissa: seems like they're making a situation that could have been resolved because of course they're not taking the 10% levy on deposits but keeping banks closed. people are beginning to panic. they're almost guaranteeing a run on the bank. are they maki
. the big headlines in technology including a new address app that could be a must-have for you. we'll tell you what that is, and blackberry's ceo says apple's iphone is out of ate? this is the new blackberry hitting store shelfs today in the united states. will the writers be wrong? we'll debate it. plus, we'll hear from ou as well. stay tuned. ♪ my mother made the best toffee in the world. it's delicious. so now we've turned her toffee into a business. my goal was to take an idea and make it happen. i'm janet long and i formed my toffee company through legalzoom. never really thought i would make money doing what i love. [ robert ] we eated legalzoom to help people start their buness and launch their dreams. go to legalzoom.com today and make your business dream a reality. at legalzoom.com we put the law on your side. ♪ [ male announcer ] how do you engineer a true automotive breakthrough? ♪ you give it bold styling, unsurpassed luxury and nearly 1,0 improvements. thredesigned 2013 glk. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial s
around the same product. you still have government supervisors, identical technology, identical procedures, they don't seem to think it's going to save us that much money. so, just a question of whose pocket the paycheck is coming out of. >> it's not only saving, it's improving efficiency. privatization bet center >> hand it to the airlines. if american airlines doesn't protect its passengers it goes out of business. if the tsa doesn't protect the passengers it gets more funding. we have an incentive problem. in the private sector you are forced to do better. in the government you are rewarded. >> bill, do incentives matter here as they do most places? >> maybe but i say no, don't give privatization a bad name by assigning it an activity which is an expensive mess no matter who undertakes it. i would rather have john and steve use their powers of persuasion and libertarian instincts to apply to another need. privatize elementary schools. >> a subject for another conversation. we'll have that conversation. mike, by the way to clarify to, the tsa denied wrong doing with this marin
production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing.
.s. government and let it do what it needs to do. it's in the middle of a massive technology change. it's obviously becoming obsolete and instead, it's going to be a death by a thousand cuts if the government continues to go at it this way. but we tie it down, right. and i think they get a bum wrap and they have to deliver everywhere. nonef these private enterprises have to. they have to deliver to any obscure tent in the middle of nowhere, their obligation with the law. >> that's a key demo. >> i know. and tucked away in an obscure-- >> and what do you make, is that the problem there? they're mandated to lose money. >> thurman dated to lose money, but i think the story gets back here to the overarcing story about washington having a spending problem and it's got a spending addiction out ofhis world. are you kidding me? you cannot fix this addiction, it's a combination of a spending addiction and a power play, and-- >> what do they think? what do they tell the moves, you're making us look bad? i don't understand. >> the military generals say we don't need that tank, don't need that bomb
of the world put together. when china steals business secrets and technology, it matters more than if a country like, say, japan or france does. connell: i want to talk about investing in china, about the relationship between u.s. and china but this issue of cyber security, the cyber war, how has that changed the security here, especially recently do you think? >> it's basically the same old story where china and the united states are friends and we still can't really figure out exactly the relationship. i think the cyber security threat has been there. 2009 actually chinese hacked into our system and the fighter strike program. the u.s. has basically changed strategy. connell: since that story came out about the building in shanghai, ever since that and i don't think it's just us but we've been more focused as well but since that story came out, it seems like people are looking at china a little differently than they had, even the people who had come out and said and been proponents of the economic opportunity over there but investing in china, how we need them and they need us, seems like a d
technologies. >> what is interesting is we have a win-win-win. create tremendous amounts of jobs. we will leave it would be a million jobs and close to ten years. like as said, $127 billion in revenue for the government, and energy security, an additional 10 million barrels of oil per day rather than having that money being spent around the world we could do it right here and try that economic growth and improve our energy in national security staff by taking control of our economic problems. and this is -- we are seeing the beginning of an energy renaissance. manufacturing. the makers in minnesota who cannot keep up with orders. it is a great story, but it is happening a private and state lands. the congressional research service care what the report that says when it comes to federal decisions they're all the energy industry back. it is all happening on private lands. think about the potential we would have real data not federal as well as private. we would have more job growth and we're seeing today. lou: also another part of the story, not enough discussion is the current. that is, this adm
, the chef technology officer at macafee. i want to start, the story is scary people saw skull and cross bones when they tried to get on, and, apparently, the country's entire commerce came to a grinding halt because you couldn't get money out of atms. who do you think of the story, and could it happen here? >> unfortunately, it could happen here, the very same strategies that are used by l banks in carerra, south korea, are used by banks all across the country. it's basically approach a fire wall and antivirus trying to predict what happens in the future basedded on what happened in the past. that is a failed strategy, and that same strategy is deployed in many banks here and will fail here. it's just a matter of time. >> now, you testify in front of the house small business committee talking about the risks and dangers of cloud and mobile computing. phyllis, is the cloud, is that something that makes things worse when it comes to security? >> so, first of all, thank you, gerri, very much for having me here. it's a big issue. it's a global issue, and this could happen anywhere by anyone
department. >> not more to the ceos, but i think one of our big positive export is our technology, so ceo like eric smith of google and gates of microsoft that are known worl worldwide, they tooks google stuff out, i was just another politician, they could care less about me. but i think talking about the advantages of the internet as eric did, even though there are sanctions, i think it is a big plus with north korean government looking at us, and people and students. gerri: should business executives being talking to countries that we have real problem work like north korea, like iran, these countries that are very -- verboten . >> state didn' department gets nervous, i think with eric and north korea it was very valuable, in north korea there is no internet, the government controls it look at arab spring what happened, facebook, and twitter, and made all of these people want to get the -- >> you could not do that in north korea, people cannot afford food much less a laptop or anything else, we so far from that day, it seems that you know when state department heard about your trip, the
like technology, for example? >> absolutely. tech, this is a late phase bull market. technology never does well in the later phases. lori: and we're seeing it today with oracle. >> if you look down all the technology stocks, they're just not doing well over the last three or four months. i think tech is up 4 or 5% year to date versus the other industry areas up 10, 11, 12%. so we're looking at oil, industrial stocks, and there's a real great story for your viewers just buying the dow. lori: as opposed to the broad market. >> as opposed to the s&p 500. lori: big name, value names. what about some of the risks out there? i know the economy, we just had michelle gerard saying she's feeling better about the economic data but, boy, geopolitics just roaring back to the top of the fold on the newspapers these days. cyprus in particular, looks like that story's going to have some legs. what happens if europe comes apart again? it's in terrible shape right now. >> the market is ignoring geopolitical risks right now. you saw what happened with cyprus the other day, ignored. the fed yesterday, i
technology that we're finally producing more than we're bringing in. maybe we become less dependent on this region for oil. does that mean in your opinion our policy, our buness in the region in terms of stablizing it, o responsibility, does it change? >> well it could well. i would add natural gas production although it would be largely used in the western hemisphere because oil is a global market and if we're producing more not only for our own consumption here but to be able to tell so friends and allies being less depend enon oil pumped from states that don't have our best interests at heart that will not only have a significant economic impact, it will have a geostrategic impact as well. all to the good from the perspective of the united states and its friends. melissa: ambassador bolton, thanks so much for coming on. >> great to with be with you. melissa: next on "money", the fed gives a good outlook for the economy. is that worth anything? you don't believe how many times the fed has been wrong befo. we looked it up and crunched numbers. you won't believe it. details next. >>
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at this thing go, up 9%, a huge gain. more money came in than expected micron technology, up 9%, big gain. new research indicates that energy drinks may increase blood pressure, here is a look at monster, down a buck on that news. the board of salesforce.com approves a 4 for 1 stock split. the stock has been on a tear for the past four years, up again today. zynga relaunched its website yesterday. now you can play the company's games without first signing on to facebook. zynga is up just a little. tiffany, more money coming across the transome and they're up. nice gain for the dow. we're up 56 points as we speak. and new york governor andrew cuomo has two eye-opening proposals, we'll talk about both including the one to take his gun law to a new extreme. bizarre, actually. marron software, new ipo today. why would you care? they help companies become more visible on the internet. you search for something and they make sure their clients pop up first. and three very expensive photographs up for auction at christie's, they'll be on the set. why would someone pay a quarter million dollars for mor
to live. it is crime-free. it, there are jobs now again. technology jobs. and interest rates are cheap. david: we sold, we sold, out -- >> we sold at a velocity we never predicted. in 4 1/2 weeks, close to $600 million in sales. that is nothing short of incredible. >> is it just unique to new york? just the nature of manhattan, particularly lower manhattan, or this is something you think we see signs of green sprouts coming up all over the real estate market? >> personally see the green sprouts. we're active developing in miami and we're seeing quite a bit in miami. new york is probably more pronounced. david: miami is not only mostly cash or at least heavily cash but a lot of foreign money in there too? >> it is a cash market. they have huge traction from the latin american market but plenty of traction also from europe, from russia and you think from new yorkers too. plenty of my friend buying down there. shibani: who are the buyers here? we saw in 2008, 2010, a lot of chinese buyers were coming in. a lot of european buyers were coming in. we want americans and new yorkers to be buyi
, modernization of technology with the headquarters in silicon valley and fewer debates and an earlier convention. >> we know we have problems, we have identified them and we're implementing the solutions to fix them. >> to implement any primary changes, the republican national committee days the cooperation of states and democrats. and it is reopening old g.o.p. rifts of amnesty. lou: thank you very much. more on the future of the republican party coming up here next. republican party trying to figure out what it has done wrong for two presidential elections, we will have the report. really bad politics, sean matthews joins us to tell us what is next. the capital one cash rewards card gives you 1% cash back on all purchases plus a 50% annual bonus. and everyone wants... ♪ 50% more doo wop ♪ 50% more buckarooooooooos ♪ 50% more yeeeaaahhhh!!!! ♪ 50% more yeah yeah [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase, plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. ♪ 50% more boogie ♪ what's in your wal
, modernization of technology with the headquarters silicon valley and fewer debates and an earlier convention. >> we know we have problems, we have identified them and we're implementing the solutions to fix them. >> to implement any primary changes, the republican national committee days the cooperation of states and democrats. and it is reopening old g.o.p. rifts of amnty. lou: thank you very much. more on the future of the republican party coming up here next. republican party trying to figure out what it has done wrong for two presidential elections, we will have the report. really bad politics, sean matthews joins us to tell us what is lou: we will be talking with cantor fitzgerald ceo here in just a moment, we will be talking about what happened to the market overnight and during this rather volatile session today. but first, let's turn to the market and bring you up to date on what happened with wall street. a third consecutive dip in homebuilder confidence costing a few points on walltreet, the dow down 62-point, s&p slipped eight, the nasdaq down 11, the big board volume tapering off
technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investmeninformation, risks, fees and expenses to read and consider carefully before investing. understanding you clearly... what is the capital of zimbabwe ? ... the first time you ask with the google voice search. the droid razr maxx hd by motorola. droid recognition. droid powerful. lou: the first major legal battle -- in an arizona federal court attorneys for five illegal immigrants argue they are eligible to remain in the united states than they are challenging the legality of the state government. as jim never were denies licenses the state says deportation does not confer the lawful status if it does not entitle them to public benefits the judge said he will issue a ruling over the next few weeks. my next guest am are with us. good to have you. there are only three states in the union in mexico, washington, utah tha
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